commercial litigation india – Lawcutor

Supreme Court Holds That Authorized Signatory Made Front Face of Entity Becomes Drawer of Cheque Under Section 138 NI Act

7 Jun 20267 Jun 2026

The Supreme Court has observed that when the company authorizes a particular individual to sign, issue cheques on the company's behalf, including the responsibility of making a payment, then such…

Supreme Court Reiterates That Adjudicating Authority Under IBC Need Not Examine Merits of Pre-Existing Dispute; Sets Aside NCLAT Order Admitting Section 9 Application and Restores NCLT Order Dismissing It

The Supreme Court has allowed the appeal filed by GLS Films Industries Private Limited, the corporate debtor, and set aside the judgment dated 11.02.2025 passed by the National Company Law…